Citigroup forms new strategic advisory group to merge insights, data
Citigroup Inc said on Thursday it is forming a new strategic advisory group within its investment bank....
Virgin Atlantic says to restart some flights on July 20
Virgin Atlantic said on Thursday it would restart some flights that have been grounded by the COVID-19 pandemic on July 20 and aimed to restore...
U.S. new weekly jobless claims drop below 2 million
The number of Americans filing for unemployment benefits dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as...
American Airlines to boost U.S. flights in July as economy reopens
American Airlines Group Inc said Thursday it will boost its U.S. flight schedule next month over dramatic reductions since the coronavirus pandemic, planning to fly...
U.S. banks attract bargain hunters though hurdles to growth remain
Investors eyeing a turnaround in the U.S. economy are piling into U.S. bank stocks even as some caution that positive stress test results and an...
Factbox: German stimulus to drive forward green vehicles
Germany’s coronavirus recovery stimulus package contains measures to boost low emission cars and electric vehicle charging infrastructure....
Futures slip ahead of jobless data
U.S. stock index futures slipped on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam,...
HSBC, StanChart criticised for backing Hong Kong security law
Senior British politicians criticised HSBC and Standard Chartered on Thursday after the banks backed China’s national security law for Hong Kong, in conflict with the...
Germany finally splurges, but not without fresh criticism
Under pressure from its European peers for years to spend more, Germany has finally served up a bumper stimulus package financed with new debt, but...
Tata Steel workers at Dutch plant vote to strike
Employees at Tata Steel’s Dutch plant in IJmuiden on Thursday voted to go on strike over planned job cuts and the plant’s further integration with...